The Cardano network update scheduled for 20 February will be an enhanced consensus mechanism, Ouroboros BFT. A median step between the current Byron era and Shelley, the network upgrade allows staking feature on Cardano’s mainnet. Binance announced support for the upgrade and noted that no new token will be created during this. It added: “Deposits...Read More
Bitcoin suffered a major loss within hours on 19 February, which dragged its price back under the $10k resistance. The largest asset has been having a crest and trough-like movements with $10k as the mean point. On 19 February, the coin noted an overall fall of 6.28% during which the price of BTC slashed from...Read More
Bulls haven’t stepped in since the price of cryptocurrencies crashed by 10% across the board on Wednesday. Ethereum, as of the time of writing this article, is trading at $256 — just over 11% below the high of $288 seen just last week. While the drop sustained on Wednesday was already brutal in and of...Read More
Crypto literacy helps people think differently about finance in Mexico The utilitarian value of cryptocurrencies is a contentious topic still. Ever since Bitcoin’s debut, the community has been split with regard to whether it is best suited as an alternative currency or purely as an investment tool. In Latin American countries like Mexico, the lack...Read More
Bitcoin suffered an unexpected drop of 8.44 percent in the past 24 hours. The valuation dropped from $10167 to under $9312, which also resulted in a $10 billion reduction from its market cap. At press time, Bitcoin was priced at $9576 and the market cap was $174 billion. Bitcoin 1-hour chart BTC/USD on Trading View...Read More
Morgan Creek CEO and renowned crypto evangelist, Mark Yusko, recently appeared on CNBC’s Fast Money where he set a new year Bitcoin price prediction. Mark Yusko Predicts Bitcoin Yukso, who confirmed last year that Bitcoin was the best performing asset since October 2018 made a quite moderate bitcoin price prediction of $30k by end of...Read More
Ethereum has been subjected to intense volatility over the past several days, which has primarily been rooted in the close correlation to Bitcoin’s price action that it has formed in recent times. This volatility has primarily favored sellers, but it is important to note that it has not been enough to invalidate the bullish market...Read More
Bitcoin has been caught within the throes of intense turbulence over the past day, with the cryptocurrency incurring a violent selloff yesterday that sent it reeling from $10,200 to lows of $9,200. In the time since this capitulatory drop, Bitcoin has been able to climb higher, and its early-morning volatility seems to suggest that bulls...Read More
Anonymity is one of the key characteristics of cryptocurrency transactions. With KYC, AML and other procedures in place, major identity problems have risen while converting crypto to fiat and back. Customer identity is checked at every step and with this, the identity is no longer a secret. The Bitcoin community is aware of this, turns...Read More
YouTube becomes an important video-sharing platform for the cryptocurrency community by the day. More and more people are starting to produce quality content, covering the field in its numerous aspects. If you’ve been following Bitcoin-related videos on YouTube, there’s a high chance that you’ve heard and stumbled upon MMCrypto’s channel. It’s among the fastest-growing channels...Read More
Now it is possible to withdraw crypto to a credit card in Lumi Wallet and the first transactions come with lowered fees! There are a couple of crypto wallets that position themselves as all-in-one solutions for cryptocurrency operations. Lumi Wallet, after the latest update, is one of a few to actually withstand those claims, allowing...Read More
Seeing as Bitcoin is the most highly valued crypto, many are still wondering if they can get in on the action. But is it too late to buy Bitcoin in 2020? In today’s article, we will try to come up with an answer to this challenging question. Bitcoin and Market Sentiment Bitcoin made history in...Read More
[Featured Content] ReFork is launching a global solution to disposable plastics. Its unique biodegradable material responds to the impending restriction of the European Union and China. ReFork Material is produced from renewable sources and is based on a unique wood mixture from waste wood. ReFork focuses on the mass production of its materials with applications...Read More
The Israeli Attorney General, Dr. Avichai Mandelblit, has stated that banks in the country should not stop providing banking services to crypto-related customers and firms despite such recommendations from the Central Bank of Isreal. Mandelblit is at the mass-media headlines these days because of another major reason – Israel’s Prime Minister Benjamin Netanyahu’s latest investigations....Read More
Brendan Blumer, the CEO of Block.one – the publisher of EOS, has said that Bitcoin isn’t money and that it never will be. However, he believes that it’s the “next generation of gold.” His tweets came as a response to Peter Schiff, who once again bashed Bitcoin. Bitcoin Is The “Next Generation Of Gold” Brendan...Read More
As Bitcoin has collapsed over the past day, so too has Ripple’s XRP. Since peaking at around $0.34 last week on the back of FOMO buying, the popular altcoin, the third-largest cryptocurrency by market capitalization, has plunged as low as $0.26 — a drop of around 25%. Ouch. While the cryptocurrency has already plunged heavy,...Read More
Litecoin’s past 24-hour change does not mirror its recent bullish rally. The silver counterpart to Bitcoin registered a slump of 9.08 percent and its price held support just above $70. According to CoinMarketCap, its market cap remained under $4.5 billion at press time but the 24-hour trading volume remained positive and above $5.4 billion. Source:...Read More
Since the new decade had started, Bitcoin is showing bullishness. The cryptocurrency started 2020 below $6800 and skyrocketed to $10,500 just days ago. However, Bitcoin gave us another reminder of its cruel volatility. After reaching almost $10,300 as of yesterday’s high, just as Europeans went to sleep, Bitcoin started its show. In a little more...Read More
Bitcoin didn’t fare too well on Wednesday. After recovering 8.4% to $10,300 after a 10% retracement to $9,500, bears returned to brutalize bulls. In the span of a few hours time, the price of BTC tanked off a cliff, falling as low as $9,250 on some exchanges, shocking the entire industry in the process. In...Read More
XRP dropped by 7% over the past 24 hours to bring the price for the coin down to $0.273. The latest decrease is largely driven by Bitcoin dipping back beneath the $10,000 level. Against Bitcoin, XRP fell into support at the 100-days EMA as it battles to remain above. Key Support & Resistance Levels XRP/USD:Support:...Read More
Interest rates across the globe are going to zero, and it’s bullish for Bitcoin, according to Morgan Creek Capital Management Founder and CEO, Mark Yusko. He also noted that the recent price drop should not bother investors, and they should focus on purchasing more. Zero Interest Rates Good For Bitcoin Yusko recently spoke in a...Read More
The resurgence of the crypto rally has attracted the attention of traditional investors and market makers, as the alt season sets in. Bitcoin has been relishing during this period as the coin reported a 41% return since the beginning of 2020, while the second-largest crypto, Ethereum marked triple digits yield of 115%. According to Binance.US...Read More
The last 24 hours have been particularly discouraging as BTC and other major cryptocurrencies sharply declined from their respective previous price accumulation. Bitcoin (BTC) had recently experienced a price pump of around 6% surpassing the important $10k level. This instigated significant market swing as major altcoins, including Ethereum (ETH) and XRP all moved correspondingly to...Read More